# US Glass Fiber Reinforced Plastic GFRP Market

> US Glass Fiber Reinforced Plastic GFRP Market Research Report: By Reinforcing Material (Polyester, Epoxide, Polyamide, Others) and By End-Use Industry (Building & Construction, Marine, Transportation, Chemical Plants, Renewable Energy, Others) - Forecast to 2035

- **Forecast Period:** 2025 - 2035
- **CAGR:** 6.0%
- **2024:** $ 6.45 Billion
- **2025:** $ 6.84 Billion
- **2035:** $ 12.25 Billion
- **Key Players:** Owens Corning (US), Hexcel Corporation (US), Jushi Group Co Ltd (CN), Sika AG (CH), BASF SE (DE), Mitsubishi Chemical Corporation (JP), Solvay SA (BE), Teijin Limited (JP), Gurit Holding AG (CH)

**Report ID:** MRFR/CnM/19022-HCR · **Pages:** 111 · **Author:** Chitranshi Jaiswal · **Last Updated:** April 06, 2026

**URL:** https://www.marketresearchfuture.com/reports/us-glass-fiber-reinforced-plastic-gfrp-market-20570

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## Market Summary

## **US Glass Fiber Reinforced Plastic GFRP Market Overview**

The US Glass Fiber Reinforced Plastic GFRP Market Size was estimated at 6.32 (USD Billion) in 2023. The US Glass Fiber Reinforced Plastic GFRP Industry is expected to grow from 7.5(USD Billion) in 2024 to 14.5 (USD Billion) by 2035. The US Glass Fiber Reinforced Plastic GFRP Market CAGR (growth rate) is expected to be around 6.176% during the forecast period (2025 - 2035).

### **Key US Glass Fiber Reinforced Plastic GFRP Market Trends Highlighted**

The US Glass Fiber Reinforced Plastic (GFRP) market is experiencing several significant trends driven by evolving consumer preferences and advancements in technology. One of the key market drivers is the growing demand for lightweight and durable materials in various industries, including automotive, aerospace, and construction. GFRP is increasingly favored for its excellent strength-to-weight ratio, corrosion resistance, and design flexibility, making it an attractive alternative to traditional materials. Additionally, the rising emphasis on sustainability and eco-friendliness is pushing industries to adopt composites like GFRP, which often have a lower environmental impact throughout their lifecycle.

Opportunities in the US market include the potential for innovation in manufacturing processes and the development of new applications for GFRP, particularly in renewable energy sectors. With the increasing focus on green energy projects, such as wind turbine blades and solar panel structures, there is a growing need for advanced composite materials that can enhance efficiency and reduce costs. Moreover, recent trends show an uptick in investment for recycling technologies related to GFRP composites, aiming to address waste concerns and promote a circular economy.

In recent times, the US GFRP market has seen an increase in collaborations between manufacturers and technology providers to enhance product capabilities and expand application horizons.

This collaboration trend underscores the importance of integrating new technologies, such as smart materials and sensors, into GFRP products. As regulatory frameworks evolve, particularly those focusing on sustainability and safety standards, manufacturers are aligning their offerings to meet these requirements, thereby unlocking new avenues for growth and innovation in the US GFRP market.

Source: Primary Research, Secondary Research, _Market Research Future_ Database and Analyst Review

## **US Glass Fiber Reinforced Plastic GFRP Market Drivers**

### **Increasing Demand for Lightweight Materials in the Transportation Sector**

The growing emphasis on fuel efficiency and emissions reduction in the transportation sector is a significant driver for the US Glass Fiber Reinforced Plastic GFRP Market Industry. According to the United States Environmental Protection Agency (EPA), the transportation sector is responsible for nearly 29% of total greenhouse gas emissions. To address this issue, the automotive industry is increasingly adopting lightweight materials. Glass Fiber Reinforced Plastics, known for their high strength-to-weight ratio, are being utilized in various components such as body structures and interior parts.

Leading automobile manufacturers like Ford and General Motors have begun integrating GFRP into their production lines, aiming to meet regulatory standards and enhance vehicle efficiency. This shift is expected to contribute significantly to the demand in the US Glass Fiber Reinforced Plastic GFRP Market, with projections indicating an increase in GFRP utilization within automotive applications by 20% over the next decade.

### **Rising Focus on Infrastructure Development**

In the US, infrastructure development is witnessing substantial investments as part of government initiatives to revitalize urban areas and improve transportation networks. The American Society of Civil Engineers (ASCE) reported a need for $4.5 trillion in infrastructure investment by 2025 to address the country's infrastructure needs. Glass Fiber Reinforced Plastics are increasingly being used in construction and infrastructure projects due to their durability, corrosion resistance, and lightweight properties.

This trend is evident in the use of GFRP for bridge components and water treatment facilities, driven by firms like Bechtel and Skanska that are advocating innovative materials for long-lasting and cost-effective solutions. As a result, the US Glass Fiber Reinforced Plastic GFRP Market is expected to grow in alignment with the expanding infrastructure projects.

### **Expanding Applications in Wind Energy**

The renewable energy sector, particularly wind energy, is another significant driver for the US Glass Fiber Reinforced Plastic GFRP Market Industry. The U.S. Department of Energy's Wind Energy Technologies Office is focused on increasing the efficiency and capacity of wind turbines, where GFRP is vital due to its lightweight design and resistance to environmental factors. The demand for larger and more efficient wind turbine blades is driving manufacturers to utilize GFRP, with expectations that the installation of new wind capacity will be over 43 gigawatts in the US by 2025.

Companies like Siemens Gamesa and General Electric, known for their advancements in wind energy technologies, are adopting GFRP composites to improve performance and extend the lifespan of wind turbines. This expanding focus on renewable energy applications will significantly influence the growth of the US Glass Fiber Reinforced Plastic GFRP Market.

## **US Glass Fiber Reinforced Plastic GFRP Market Segment Insights**

### **Glass Fiber Reinforced Plastic GFRP Market Reinforcing Material Insights**

The US Glass Fiber Reinforced Plastic (GFRP) Market exhibits a diverse range of applications, with the Reinforcing Material segment playing a pivotal role in enhancing the structural integrity and performance of composite materials. Notably, this segment can be broadly categorized into various types, including Polyester, Epoxide, Polyamide, and Others. Polyester-based materials are particularly significant due to their affordability and ease of production, making them popular choices for a myriad of applications such as automotive components, construction materials, and consumer goods.

Additionally, Epoxide resins are recognized for their superior mechanical properties and chemical resistance, making them ideal for industries that require durable and high-performance materials, such as aerospace and marine. The Polyamide segment brings its own advantages, offering excellent thermal stability and resilience, which makes it suitable for applications in electrical and electronic systems.

Furthermore, the 'Others' category encompasses a variety of innovative materials and composites that cater to niche markets and specialized applications.The growth trajectory of each of these segments reflects broader trends within the US GFRP Market, indicating a strong demand driven by advancements in technology and increasing environmental awareness, with industries seeking lightweight and sustainable materials. Overall, the Reinforcing Material segment continues to evolve, providing essential support to the overall performance and market expansion of GFRP applications across various sectors in the United States.

The comprehensive array of options within this segment allows for tailored solutions that meet specific industry needs, thus driving market growth forward.

Source: Primary Research, Secondary Research, _Market Research Future_ Database and Analyst Review

### **Glass Fiber Reinforced Plastic GFRP Market End-Use Industry Insights**

The US Glass Fiber Reinforced Plastic GFRP Market within the End-Use Industry is characterized by diverse applications across several key sectors that are crucial for economic development. The Building and Construction segment is particularly significant, benefiting from the increasing demand for durable, lightweight, and corrosion-resistant materials that enhance structural integrity. In the Marine sector, GFRP is valued for its superior resistance to harsh environmental conditions, making it ideal for boat hulls and other marine applications. The Transportation industry leverages GFRP for its lightweight properties, which contribute to fuel efficiency in vehicles, thus gaining traction amidst rising environmental awareness.

Chemical Plants also utilize GFRP for its resistance to chemical corrosion, ensuring longer equipment life and reduced maintenance costs. With the Renewable Energy sector growing, GFRP plays an important role in wind turbine blades due to its excellent strength-to-weight ratio and fatigue resistance. Other industries capitalize on GFRP’s versatility for innovative applications, ensuring a balanced growth across the various sectors. Overall, the segmentation showcases the wide range of opportunities within the US Glass Fiber Reinforced Plastic GFRP Market, driven by advancements in material technology and sustainability concerns.

## **US Glass Fiber Reinforced Plastic GFRP Market Key Players and Competitive Insights**

The US Glass Fiber Reinforced Plastic (GFRP) Market has emerged as a notable segment within the composite materials industry, driven by its extensive applications across various sectors such as construction, automotive, and aerospace. Competitive insights within this market reveal a landscape characterized by innovation, collaboration, and strategic partnerships among key players aiming to capture market share. Companies are actively investing in research and development to enhance the properties of GFRP, such as its strength, durability, and resistance to corrosion.

Furthermore, with increasing environmental regulations, there is a growing emphasis on sustainable and eco-friendly production practices within the GFRP market, prompting manufacturers to adopt greener technologies. The competitive dynamics are also influenced by fluctuations in raw material prices, advancements in manufacturing processes, and varying demand patterns across different end-use industries.

### **Bostik**

In examining the role of Bostik within the US Glass Fiber Reinforced Plastic GFRP Market, the company has established a strong presence through its commitment to providing high-quality adhesive solutions tailored for the composite materials sector. Bostik's advanced technologies in adhesives and sealants contribute significantly to enhancing the performance and longevity of GFRP applications, catering to various industries including automotive and construction. The company's focus on innovation allows it to stay ahead of competitors, demonstrating significant strengths in developing specialized formulations that improve bonding efficiency and resistance to environmental factors.

Bostik has effectively leveraged its expertise in adhesive technology to strengthen its position in the GFRP market, making it a vital player in meeting specific application needs across diverse sectors.

### **Royal DSM**

Royal DSM holds a significant position in the US Glass Fiber Reinforced Plastic GFRP Market, well-known for its advanced composite solutions that encompass a range of key products and services. The company's portfolio includes high-performance materials designed to meet the rigorous demands of various applications, providing strength and durability needed in industrial settings. Royal DSM's commitment to sustainability and innovation is reflected in its continuous investment in research and development, enabling the creation of eco-friendly materials that align with modern environmental standards.

Additionally, the company has been active in mergers and acquisitions, enhancing its technological capabilities and expanding its market reach within the US. This strategic approach has enabled Royal DSM to strengthen its competitive advantage, positioning it as a leading force in the GFRP market, while seamlessly catering to the evolving needs of customers across industries.

### **Key Companies in the US Glass Fiber Reinforced Plastic GFRP Market Include:**

## **US Glass Fiber Reinforced Plastic GFRP Market Industry Developments**

The US Glass Fiber Reinforced Plastic (GFRP) market has seen notable developments recently, particularly in the realm of sustainability and innovation. In September 2023, Owens Corning announced a significant investment in expanding its production capabilities for GFRP materials, focusing on eco-friendly solutions to meet increasing demand within construction and automotive sectors. Additionally, in October 2023, Mitsubishi Chemical revealed plans to enhance its GFRP portfolio through Research and Development initiatives aimed at improving material performance and recyclability.

The market has also witnessed a growth in valuations, with major players such as BASF and SABIC reporting increases in their GFRP-related product segments due to heightened infrastructure projects backed by government funding.

Recent mergers and acquisitions also reflect the dynamic nature of the market; for example, Gurit acquired a GFRP manufacturing facility in August 2023, enhancing its market presence. Over the last two to three years, the US GFRP market has been influenced by regulatory initiatives focusing on sustainable materials, as well as advances in technology, indicating a shift towards more environmentally friendly composite solutions.

## **US Glass Fiber Reinforced Plastic GFRP Market Segmentation Insights**

### **Glass Fiber Reinforced Plastic GFRP Market Reinforcing Material Outlook**

### **Glass Fiber Reinforced Plastic GFRP Market End-Use Industry Outlook**

## Market Drivers

### Enhanced Performance Characteristics

The superior performance characteristics of glass fiber-reinforced-plastic materials are driving their adoption across various sectors. These materials exhibit excellent corrosion resistance, high tensile strength, and low thermal conductivity, making them suitable for a wide range of applications. Industries such as marine, automotive, and construction are increasingly recognizing the benefits of using glass fiber-reinforced-plastic composites. As the demand for high-performance materials continues to rise, the glass fiber-reinforced-plastic-gfrp market is likely to see sustained growth, as companies seek to leverage these advantageous properties in their products.

### Increasing Infrastructure Investments

The glass fiber-reinforced-plastic-gfrp market is poised to benefit from the rising investments in infrastructure across the United States. Government initiatives aimed at enhancing transportation networks, bridges, and public facilities are likely to drive demand for durable and lightweight materials. In 2025, infrastructure spending is projected to reach approximately $1 trillion, with a significant portion allocated to projects that utilize advanced composite materials. This trend suggests that the glass fiber-reinforced-plastic-gfrp market will experience growth as construction firms seek materials that offer both strength and reduced weight, thereby improving overall project efficiency.

### Rising Demand for Lightweight Materials

The demand for lightweight materials in various industries, including automotive and aerospace, is a crucial driver for the glass fiber-reinforced-plastic-gfrp market. As manufacturers strive to enhance fuel efficiency and reduce emissions, the adoption of lightweight composites is becoming increasingly prevalent. In the automotive sector, for instance, the use of glass fiber-reinforced-plastic components can lead to weight reductions of up to 30%, which is essential for meeting stringent regulatory standards. This growing emphasis on lightweight solutions is likely to propel the glass fiber-reinforced-plastic-gfrp market forward, as industries seek to innovate and comply with environmental regulations.

### Advancements in Manufacturing Techniques

Innovations in manufacturing processes are significantly impacting the glass fiber-reinforced-plastic-gfrp market. Techniques such as automated fiber placement and resin transfer molding are enhancing production efficiency and material performance. These advancements allow for the creation of complex geometries and improved mechanical properties, which are essential for applications in aerospace, automotive, and construction. As manufacturers adopt these cutting-edge techniques, the glass fiber-reinforced-plastic-gfrp market is expected to expand, driven by the need for high-performance materials that can meet the demands of modern engineering.

### Growing Applications in Renewable Energy

The glass fiber-reinforced-plastic-gfrp market is experiencing growth due to its increasing applications in the renewable energy sector. Wind turbine blades, which require lightweight and durable materials, are increasingly being manufactured using glass fiber-reinforced-plastic composites. The U.S. wind energy market is projected to grow by over 20% in the coming years, leading to a heightened demand for materials that can withstand harsh environmental conditions. This trend indicates that the glass fiber-reinforced-plastic-gfrp market will play a pivotal role in supporting the expansion of [renewable energy infrastructure](https://www.marketresearchfuture.com/reports/renewable-energy-infrastructure-market-67714).

## Future Outlook

The glass fiber-reinforced-plastic market is projected to grow at a 6.0% CAGR from 2025 to 2035, driven by increasing demand in construction, automotive, and aerospace sectors.

**New opportunities:**

- Development of [advanced composite materials](https://www.marketresearchfuture.com/reports/advanced-composite-material-market-34908) for automotive applications.
- Expansion of GFRP in renewable energy infrastructure projects.
- Implementation of recycling programs for GFRP waste management.

By 2035, the market is expected to achieve robust growth, driven by innovation and sustainability initiatives.

## Segment Insights

### By Application: Aerospace (Largest) vs. Marine (Fastest-Growing)

In the US glass fiber reinforced plastic (GFRP) market, the application segment showcases significant diversity, with aerospace holding the largest market share. Aerospace applications benefit from the lightweight and durable properties of GFRP, leading to its widespread adoption in aircraft manufacturing, where performance and safety are paramount. Following aerospace, the automotive and construction sectors also showcase notable shares, though they are still behind aerospace in terms of volume and revenue generation.

On the other hand, the marine sector is rapidly emerging as the fastest-growing segment in the GFRP market. With increasing demand for lightweight and corrosion-resistant materials in boat manufacturing, GFRP's applications within the marine industry are witnessing a surge. Factors driving this growth include rising recreational boating activities and technological advancements that make GFRP even more appealing for marine applications.

Aerospace (Dominant) vs. Marine (Emerging)

The aerospace sector remains dominant in the US GFRP market, benefiting from stringent safety and performance demands. Aircraft manufacturers prioritize weight reduction and enhanced fuel efficiency, driving the adoption of glass fiber reinforced plastics in various components such as wings, fuselages, and interiors. In contrast, the marine segment, while currently emerging, is gaining traction due to innovations in GFRP technologies that cater to boating and marine engineering needs. As consumer preferences shift towards lightweight and durable materials, the marine industry is poised for rapid growth, attracting investments and fostering development. The contrasting dynamics of these segments highlight the diverse applicability of GFRP across different industries, with aerospace setting the benchmark for quality and performance.

### By End Use: Transportation (Largest) vs. Energy (Fastest-Growing)

In the US glass fiber reinforced plastic (GFRP) market, the transportation sector holds the largest share due to its extensive use in automotive, aerospace, and marine industries. This segment benefits from the lightweight, strong properties of GFRP, making it a preferred choice for manufacturers aiming for fuel efficiency and durability. Following closely is the energy sector, which is rapidly expanding as more companies turn to renewable energy sources like wind turbines, increasing the demand for GFRP materials.

Analyzing growth trends, the energy segment stands out as the fastest-growing, fueled by the surge in renewable energy projects and a shift towards sustainable materials. Conversely, while the transportation sector remains dominant, it faces challenges such as fluctuating oil prices and a push for eco-friendlier alternatives. Industry innovations and government regulations are key drivers influencing the growth dynamics within these segments, urging companies to adapt and invest in GFRP technologies.

Transportation: Dominant vs. Energy: Emerging

The transportation segment is characterized by its robust adoption of glass fiber reinforced plastics (GFRP), leveraging the material's strengths in reducing weight without compromising structural integrity. This sector primarily caters to automotive and aerospace manufacturers, who increasingly prioritize GFRP for its corrosion resistance and design flexibility. On the other hand, the energy segment is emerging swiftly, driven by the pressing demands of renewable energy infrastructures, such as wind and solar power. GFRP’s lightweight and durable nature makes it ideal for wind turbine blades and solar panel supports. As the energy sector experiences sustained growth due to environmental considerations, it positions GFRP as a critical material for future innovations and advancements in clean energy technologies.

### By Type: Thermosetting (Largest) vs. Thermoplastic (Fastest-Growing)

In the US glass fiber reinforced plastic (GFRP) market, the type segment exhibits diverse distribution patterns. Thermosetting resins are the dominant choice among manufacturers due to their exceptional mechanical properties and thermal resistance. This segment often finds applications in various industries, including construction and automotive, leveraging its market share significantly over thermoplastic alternatives. Thermoplastic resins, while currently smaller in market share, are gaining popularity due to their flexibility and recyclability, making them an attractive option for eco-conscious consumers and industries.

Thermosetting: Dominant vs. Thermoplastic: Emerging

Thermosetting resins dominate the US GFRP market, renowned for their durability and stability under heat. These materials are usually employed in high-performance applications such as aerospace and automotive sectors, where their rigidity offers significant advantages. On the other hand, thermoplastic resins are emerging rapidly, appealing particularly in automotive and consumer goods due to their lightweight nature and potential for recycling. This versatility allows thermoplastics to be molded and reshaped more easily than thermosetting counterparts, making them an attractive alternative for manufacturers looking to innovate and cater to the growing push for sustainable materials. Thus, while thermosetting remains dominant today, thermoplastics are quickly establishing their foothold in the market.

### By Manufacturing Process: Pultrusion (Largest) vs. Hand Lay-Up (Fastest-Growing)

In the US glass fiber reinforced plastic (GFRP) market, the manufacturing processes of Pultrusion, Hand Lay-Up, Spray-Up, Resin Transfer Molding, and Filament Winding exhibit distinct market dynamics. Currently, Pultrusion holds the largest share among these processes, due to its efficiency in producing continuous lengths of composite materials with uniform cross-sections. Conversely, Hand Lay-Up is emerging rapidly, gaining traction among manufacturers seeking flexibility and lower initial investment costs.

Pultrusion (Dominant) vs. Hand Lay-Up (Emerging)

Pultrusion is recognized for its efficiency and capability to produce high-strength, lightweight profiles, making it the dominant manufacturing process in the GFRP market. It offers uniform material properties and reduced production time, which appeals to industries like construction and automotive. On the other hand, Hand Lay-Up is characterized by its manual, labor-intensive nature, providing high design flexibility and low tooling costs. This process is particularly attractive for low-volume, custom applications, especially in niche markets. As producers increasingly focus on reducing costs and enhancing sustainability, Hand Lay-Up is rapidly gaining popularity, positioning it as an emerging competitor against more traditional methods.

### By Fiber Type: E-Glass (Largest) vs. Carbon Fiber (Fastest-Growing)

In the US glass fiber reinforced plastic (GFRP) market, E-Glass remains the largest segment, dominating market share due to its cost-effectiveness and mechanical properties that make it suitable for a wide array of applications. S-Glass also holds a notable position, often used in specialized applications due to its superior strength and thermal resistance. While Natural Fiber and Basalt Fiber segments are smaller, they are gaining traction due to increasing demand for eco-friendly materials and their respective unique benefits.

E-Glass (Dominant) vs. Carbon Fiber (Emerging)

E-Glass is widely recognized for its excellent versatility and affordability, making it the preferred choice for various industrial applications, including automotive, construction, and marine sectors. Its satisfactory mechanical performance and good electrical insulating properties contribute to its dominant status in the GFRP market. On the other hand, Carbon Fiber is emerging rapidly due to its lightweight and high-strength characteristics, increasingly favored in high-performance applications, particularly in aerospace and sports equipment. Its growing adoption is driven by innovations in production techniques, leading to decreased costs and making it more accessible for broader commercial use.

## Competitive Benchmarking

The glass fiber-reinforced-plastic-gfrp market exhibits a dynamic competitive landscape characterized by innovation and strategic partnerships. Key players such as Owens Corning (US), Hexcel Corporation (US), and Jushi Group Co Ltd (CN) are actively shaping the market through various operational focuses. Owens Corning (US) emphasizes sustainability and product innovation, aiming to enhance its market share by developing eco-friendly GFRP solutions. Meanwhile, Hexcel Corporation (US) is concentrating on expanding its aerospace applications, leveraging advanced materials technology to meet the growing demand for lightweight and durable components. Jushi Group Co Ltd (CN) appears to be pursuing aggressive regional expansion, particularly in North America, to capitalize on the increasing adoption of GFRP in construction and automotive sectors.The business tactics employed by these companies include localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The market structure is moderately fragmented, with several players competing for market share. However, the collective influence of these key players is significant, as they drive innovation and set industry standards, thereby shaping the competitive environment.

In October  Owens Corning (US) announced the launch of a new line of sustainable GFRP products designed to reduce environmental impact. This strategic move is likely to strengthen its position in the market, appealing to environmentally conscious consumers and industries. The introduction of these products aligns with the growing trend towards sustainability, potentially enhancing the company's brand reputation and market reach.

In September  Hexcel Corporation (US) secured a major contract with a leading aerospace manufacturer to supply advanced GFRP components for a new aircraft model. This contract not only underscores Hexcel's commitment to innovation but also highlights its strategic focus on the aerospace sector, which is expected to witness substantial growth in the coming years. The partnership may provide Hexcel with a competitive edge, allowing it to leverage its technological expertise in high-performance materials.

In August  Jushi Group Co Ltd (CN) completed the acquisition of a local GFRP manufacturer in the US, significantly enhancing its production capabilities and market presence. This acquisition is indicative of Jushi's strategy to strengthen its foothold in North America, enabling it to better serve the growing demand for GFRP products in various applications. The move is likely to facilitate synergies in production and distribution, further solidifying Jushi's competitive position.

As of November  current trends in the glass fiber-reinforced-plastic-gfrp market include a strong emphasis on digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are increasingly shaping the competitive landscape, fostering innovation and collaboration. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident, suggesting that companies will need to differentiate themselves through innovation and sustainable practices to thrive in this evolving market.

## Recent News & Developments

The US Glass Fiber Reinforced Plastic (GFRP) market has seen notable developments recently, particularly in the realm of sustainability and innovation. In September 2023, Owens Corning announced a significant investment in expanding its production capabilities for GFRP materials, focusing on eco-friendly solutions to meet increasing demand within construction and automotive sectors. Additionally, in October 2023, Mitsubishi Chemical revealed plans to enhance its GFRP portfolio through Research and Development initiatives aimed at improving material performance and recyclability.

The market has also witnessed a growth in valuations, with major players such as BASF and SABIC reporting increases in their GFRP-related product segments due to heightened infrastructure projects backed by government funding.

Recent mergers and acquisitions also reflect the dynamic nature of the market; for example, Gurit acquired a GFRP manufacturing facility in August 2023, enhancing its market presence. Over the last two to three years, the US GFRP market has been influenced by regulatory initiatives focusing on sustainable materials, as well as advances in technology, indicating a shift towards more environmentally friendly composite solutions.

## Report Scope

| MARKET SIZE 2024 | 6.45(USD Billion) |
| --- | --- |
| MARKET SIZE 2025 | 6.84(USD Billion) |
| MARKET SIZE 2035 | 12.25(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 6.0% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| Market Forecast Period | 2025 - 2035 |
| Historical Data | 2019 - 2024 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Owens Corning (US), Hexcel Corporation (US), Jushi Group Co Ltd (CN), Sika AG (CH), BASF SE (DE), Mitsubishi Chemical Corporation (JP), Solvay SA (BE), Teijin Limited (JP), Gurit Holding AG (CH) |
| Segments Covered | Reinforcing Material, End-Use Industry |
| Key Market Opportunities | Growing demand for lightweight materials in automotive and aerospace sectors enhances glass fiber-reinforced-plastic-gfrp market potential. |
| Key Market Dynamics | Rising demand for lightweight materials drives innovation and competition in the glass fiber-reinforced plastic market. |
| Countries Covered | US |

## Frequently Asked Questions

**Q: What is the current valuation of the US glass fiber reinforced plastic (GFRP) market?**
A: The US GFRP market was valued at 6.04 USD Billion in 2024.

**Q: What is the projected market size for the US GFRP market by 2035?**
A: The market is expected to reach 11.72 USD Billion by 2035.

**Q: What is the expected CAGR for the US GFRP market during the forecast period 2025 - 2035?**
A: The expected CAGR for the US GFRP market during 2025 - 2035 is 6.21%.

**Q: Which application segment is projected to have the highest growth in the US GFRP market?**
A: The automotive application segment is projected to grow from 1.5 USD Billion to 3.0 USD Billion by 2035.

**Q: How does the construction segment perform in the US GFRP market?**
A: The construction segment was valued at 1.2 USD Billion in 2024 and is expected to reach 2.4 USD Billion by 2035.

**Q: What are the leading companies in the US GFRP market?**
A: Key players include Owens Corning, Hexcel Corporation, and BASF SE, among others.

**Q: What is the projected growth for the energy end-use segment in the US GFRP market?**
A: The energy end-use segment is expected to grow from 0.59 USD Billion to 1.22 USD Billion by 2035.

**Q: Which manufacturing process is anticipated to dominate the US GFRP market?**
A: The hand lay-up manufacturing process is projected to grow from 1.52 USD Billion to 2.95 USD Billion by 2035.

**Q: What is the expected performance of E-Glass fiber in the US GFRP market?**
A: E-Glass fiber is projected to grow from 2.42 USD Billion to 4.66 USD Billion by 2035.

**Q: How does the thermoplastic type segment compare to others in the US GFRP market?**
A: The thermoplastic type segment is expected to grow from 1.21 USD Billion to 2.35 USD Billion by 2035.


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